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10 Nov 2019
A bank deposit $35,000 is made at 7% interest compounded annually. After t years the account balance A (in thousands) is given by the function . Set up an algebraic equation to find after what amount of time will the account balance will reach $180,000. (Hint: A = 180) Show all work. Round answer to two decimal places.
A bank deposit $35,000 is made at 7% interest compounded annually. After t years the account balance A (in thousands) is given by the function . Set up an algebraic equation to find after what amount of time will the account balance will reach $180,000. (Hint: A = 180) Show all work. Round answer to two decimal places.
Hubert KochLv2
10 Nov 2019